Home
Loading...
You are here:  Home  >  'daily'
Latest

Russian firm to invest in Egypt’s global logistics centre project

  /  October 29, 2014  /  Business  /  No Comments

Ministry of Supply says company has offered to supply all necessary equipment and machinery

Read More →
Latest

Turkey files anti-dumping suit against polypropylene exports from Egypt

  /  October 28, 2014  /  Business  /  No Comments

Export halt from Syria, Iraq, Libya, Tunisia, Yemen, and Turkey creating crisis, says Helal

Read More →
Latest

Domestic liquidity increases to EGP 1.545tn: CBE

  /  October 28, 2014  /  Business  /  No Comments

Rise in domestic liquidity during July reflects increase in net domestic assets and retreat in net foreign assets at banking system, says CBE

Read More →
Latest

Al-Sisi appoints Mehleb to head executive committee of global logistics centre

  /  October 28, 2014  /  Business  /  No Comments

Minister of Supply says the project covers the construction of five investment and industrial zones for grains and food commodities with a total land use of 1.7m metres.

Read More →
Latest

Hosting of Digital Media Forum proves Egypt is important market: Weber Shandwick general manager

  /  October 27, 2014  /  Business  /  No Comments

DMF wanted to hold forum in Egypt since 2012 but was waiting for stability, says Randa Nassar

Read More →
Latest

Digital Media Forum kicks off for first time in Egypt

  /  October 27, 2014  /  Business  /  No Comments

Cairo chosen as venue due to Egyptian market’s regional importance, says forum CEO

Read More →
Latest

Entrepreneurs do not understand their legal requirements: Levari founders

  /  October 26, 2014  /  interviews  /  No Comments

The legal information available is quite convoluted and entrepreneurs don’t have access to it, says Sherif Hefni, partner at Levari Law

Read More →
Latest

Steel prices fall during October following new imported steel fees

  /  October 26, 2014  /  Business  /  No Comments

Ministry of Supply boosted regulatory campaigns on steel and cement companies to ensure they abide by official prices

Read More →
Latest

BNP Paribas Wealth Management wins private bank awards for Europe, North Asia

  /  October 25, 2014  /  Business  /  No Comments

Awards confirm their position as a “reference private bank”, say Wealth Management co-CEOs

Read More →
Latest

Business community rejects independent trade unions

  /  October 21, 2014  /  Business  /  No Comments

Egyptian Federation for Independent Trade Unions member says business community should not decide for the workers on representation

Read More →
Latest

Housing ministry’s services automated after 1 year: Minister

  /  October 21, 2014  /  Business  /  No Comments

Ministries of Housing and Planning sign two-year agreement to develop citizen and investor services

Read More →
Latest

Egypt-Israel gas deal won’t happen without state’s approval: Petroleum ministry

  /  October 20, 2014  /  Egypt, Politics  /  No Comments

Israeli energy company Delek says purchased gas will be supplied to industrial consumers in Egypt

Read More →
Latest

Exporting rice “harder” under new ministry guidelines: Vice Head of Rice Division

  /  October 19, 2014  /  Business  /  No Comments

Head of Citizens Against Price Rises Association expected that rice prices in the local market will significantly increase

Read More →
Latest

First phase of Arabtec housing project to start before year-end

  /  October 19, 2014  /  Business  /  No Comments

UAE company will provide New Urban Communities Authority with housing units and public services

Read More →
Latest

Employment challenges in MENA linked to economic governance: World Bank

  /  October 18, 2014  /  Business  /  No Comments

Governments can help job creation by reforming policies protecting politically-connected companies, World Bank study says

Read More →
Latest

Egypt’s exports fall 14% in September, under target

  /  October 15, 2014  /  Business  /  No Comments

The figure for first nine months of 2014 is under ministry expectations of $18.6bn target

Read More →
Latest

Mehleb forms parliamentary election districts committee

  /  October 15, 2014  /  Egypt, Politics  /  No Comments

The law for election districts is to be final

Read More →
Latest

Conflicting reactions to new fees on imported steel

  /  October 14, 2014  /  Business  /  No Comments

Egyptian steel importers to pay EGP 290 fees per tonne, analysts expect increase in steel prices

Read More →
Latest

Russia, EU conflict will not pressure Egypt’s economic policies: Analysts

  /  October 13, 2014  /  Business  /  No Comments

Egypt striving for balanced policy with both parties, says researcher at Ahram Centre for Political and Strategic Studies

Read More →
Latest

Kuwaiti fund to grant Egypt $100m loan for power station

  /  October 12, 2014  /  Business  /  No Comments

Director General of Kuwait Fund Abdul Wahab Al-Bader scheduled to visit Egypt in coming weeks to sign loan agreement

Read More →
Latest

Income and capital gains tax revenues register EGP 7.8m in July, August

  /  October 12, 2014  /  Business  /  No Comments

Budget revenues increase by 0.7% to reach EGP 34.4bn

Read More →
Latest

Appeal against new Investment Law begins on Sunday

  /  October 11, 2014  /  Business  /  No Comments

New law protects “corrupt government contracts” says ECESR

Read More →
Latest

Egypt to witness huge growth in electronic payments in next 5 years: EMP chairman, Actis partner

  /  October 1, 2014  /  interviews  /  No Comments

The 5th Emerging Markets Payments Conference (EMPC) kicked off on 26 September in Sharm El-Sheikh, gathering key decision makers from banks and electronic payment companies across the Middle East and Africa to discuss opportunities and read the rest…

Read More →
Latest

Arabtec to conclude plan for 1m home project in Egypt

  /  September 30, 2014  /  Business  /  No Comments

The $40bn project will be built in 13 locations across Egypt; first homes to be delivered in early 2017, according to Reuters

Read More →
Latest

CBE regulates 20m electronic payment cards: Head of CBE payment systems

  /  September 27, 2014  /  Business  /  1 Comment

Electronic payments market in Egypt growing says Ahmed Faragallah

Read More →
Latest

10% of Egyptians use prepaid Visa cards: MENA director of prepaid products

  /  September 27, 2014  /  Business  /  No Comments

MENA top region for total volume of prepaid card usage with 82.6% growth in the last year, says Sumit Tyagi

Read More →
Latest

400% increase in mobile payments in 2014: EMP Chairman

  /  September 27, 2014  /  Business  /  No Comments

Around 25% of global economy involves mobile payments, says Paul Edwards

Read More →
Latest

Political turmoil leads Egypt to drop 6 places in IT services global ranking

  /  September 24, 2014  /  Technology  /  No Comments

Egypt ranks 10th in A.T. Kearney’s 2014 Global Services Location Index

Read More →
Latest

World Bank to offer Egypt $1.5bn for housing, sanitation projects

  /  September 23, 2014  /  Business  /  No Comments

Minister of Housing announces the agreement after his return from US visit to meet World Bank officials

Read More →
Latest

Informal sector volume records around EGP 1.5tn: ECES

  /  September 23, 2014  /  Business  /  No Comments

Government lost EGP 300bn in potential taxes, according to study

Read More →